Kathmandu. Kalika Laghubitta Bittiya Sanstha Limited has published its unrevised financial statements for the first quarter of the current fiscal year. In the first three months of the current FY, the microfinance company has earned a net profit of Rs 2.03 crore. The profit of the microfinance company increased by 19.63 percent compared to the same period of the last FY. The company had posted a net profit of Rs 1.70 crore in the same period last year.
In the review period, the microfinance company earned a net interest income of Rs 10.87 crore. The company had posted a net profit of Rs 8.28 crore in the same period last year. The net interest income of the microfinance company has increased by 31.23 percent compared to the same period of the last FY.
Similarly, the operating profit of the microfinance company increased by 19.45 percent in the review period. As of mid-October 2018, the microfinance company has a distributable profit of Rs 9.96 million and distributable earnings of Rs 9.42 per share.
The microfinance company has a paid-up capital of Rs 40.76 crore and reserve fund of Rs 37.30 crore. In the first quarter of the current FY, the microfinance company has disbursed Rs 4.26 billion in deposit and loan of Rs 4.88 billion.
Along with the profit, the earnings per share of the microfinance company has also increased. In the review period, the company’s earnings per share increased by Rs 1.69 to Rs 19.96. During the period, the company has net worth per share of Rs 191.51 and P/E ratio of 50.85 times.
